SOCEP S A : OGSM & EGSM resolutions from April 27th 2022

To: Bucharest Stock Exchange

Financial Supervisory Authority

CURRENT REPORT according to ASF Regulation no.5/2018

Date of Report: April 28th 2022

Company Name: SOCEP SA

Headquarter:Constanta, New Port Dana 34 Telephone/Fax: [phone] Tax Rregistration Cod: RO 1870767

Order Number of the Trade Regiseter: J 13/643/1991 Stock Market :BVB, first category, symbol SOCP

Share Capital: 35.399.149 lei divided into 353.991.490 uncertificated registered shares with nominal value of 0.10 lei / share

Event report: O&E GMS Decisions from April 27th2022.

1. Decision of the Ordinary General Meeting of Shareholders of SOCEP SA dated April 27th 2022.

Ordinary General Meeting of Shareholders of SOCEP S.A., headquartered in Constanta, Incinta Port Nou, Dana 34, Constanta County, registered in the Trade Register under no. J13 / 643/1991, CIF RO 1870767, meeting in the meeting on April 27th 2022, at the first convocation, with a quorum of presence of 78.09% of the share capital, in accordance with the legal and statutory provisions,

DECIDES

Art.1. The annual financial statements prepared for the financial year 2021 are approved.

Art.2. The annual report for the financial year 2021 is approved.

Art.3. The report of the external auditor is approved.

Art.4. The investments made during 2021 and the way of financing them are approved.

Art.5. The report of the Management Board is approved and the discharge of the members of the Management Board is approved for the activity carried out in the financial year of 2021.

Art.6. The report of the Supervisory Board and the approval of the discharge of the members of the Supervisory Board for the activity carried out in the financial year of 2021 are approved.

Art.7. The remuneration report is approved.

Art.8. The revenue and expenditure budget and the investment program for 2022 are approved.

Art.9. The distribution of the net profit of the financial year 2021 in the amount of 10,803,090.94 lei is approved, as follows: legal reserve - 33,447.31 lei, reinvested profit reserve - 5,608,810.49 lei, undistributed profit - 2,529,540.18 lei, dividend - 2,631,292.96 lei. The value of the gross dividend per share of 0.0076 lei is approved. The date of 06.06.2022 is approved as the date of payment.

Art.10. It is approved the extension of the quality of financial auditor of SOCEP SA of the company JPA Audit & Consultanta SRL Bucharest as well as the duration of the audit contract of one year, respectively from April 29th 2022 to April 29th 2023.

Art.11. It is approved the extension of the quality of members of the Supervisory Board of Niculae Dusu, Ion Dusu and Stere Samara, for a period of 4 years, starting with June 11th 2022 until June 11th 2026 and their indemnity is established at the same level as the indemnities existing. The Supervisory Board consists of 3 (three) members.

Art.12. The approval of May 18th 2022 as the registration date according to art. 87 of Law no. 24/2017 regarding the issuers of financial instruments and market operations.

Art.13. To approve the date of May 17th2022 as ex-date, according to art. 2 of the FSA Regulation no. 5/2018.

Art.14. Ileana Graur is empowered to submit to the Office of the Constanta Trade Register the decision of the ordinary general meeting of shareholders and to make the necessary mentions.

Total
votes
1	276.440.055	276.440.055 100	-	-
2	276.440.055	276.440.055 100	-	-
3	276.440.055	276.440.055 100	-	-
4	276.440.055	276.440.055 100	-	-
5	276.440.055	276.440.055 100	-	-
6	276.440.055	276.440.055 100	-	-
7	276.440.055	216.122.150 78.18	60.317.905	21.82
8	276.440.055	255.920.892 92.57	20.519.163	7.43
9	276.440.055	255.920.892 92.57	20.519.163	7.43
10	276.440.055	276.440.055 100	-
11	276.440.055	276.440.055 100	-
12	276.440.055	276.440.055 100	-
13	276.440.055	276.440.055 100	-
14	276.440.055	276.440.055 100	-

For

Against

abstentionNo.

%No.

%

No.	%
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-
-	-	-
-	-	-
-	-	-
-	-	-
-	-	-

2. Decision of the Extraordinary General Meeting of Shareholders of SOCEP SA dated April 27th 2022.

Extraordinary General Meeting of Shareholders of SOCEP S.A., headquartered in Constanta, Port Nou Precinct, Dana 34, Constanta County, registered in the Trade Register under no. J13 / 643/1991, CIF RO 1870767, convened in the meeting on April 27th2022, based on the provisions of Law no. 31/1990, republished and amended and the articles of incorporation, with a quorum of presence of 78.09% of the capital taking into account the materials presented according to the agenda, as well as the debates in the meeting, unanimously,

DECIDES

Art.1. The establishment of the following working points is approved:

• 1. Ceremag warehouses, located in Constanţa, Incinta Port, Dana 19, Constanţa county.

• 2. Administrative building, located in Constanţa municipality, Port Precinct, no. 1 (Poarta 2 area), Constanţa county.

• 3. Dana 8, located in Constanta, Incinta Port, Dana 8, Constanța County.

• 4. Dana 22, located in Constanta, Incinta Port, Dana 22, Constanța County.

• 5. Mechanical workshop and garages, located in Port Area, near the administrative headquarters of Navrom SA, Constanta County.

• 6. C23 storage platform, located in Constanţa municipality, Port Precinct, North Sector, Constanţa county.

Art.2. The approval of May 18th 2022 as the registration date according to art. 87 of Law no. 24/2017 regarding the issuers of financial instruments and market operations.

Art.3. To approve the date of May 17th 2022 as ex-date, according to art. 2 of the FSA Regulation no. 5/2018.

Art.4. Ileana Graur is empowered to submit to the Office of the Constanta Trade Register the decision of the extraordinary general meeting of shareholders and to make the necessary mentions.

Chairman of the Board and

CEO

Dorinel Cazacu